Gillian Charlesworth, Director of Regulatory and Corporate Affairs, RICS delivered a lecture on ‘Responsible Business Strategy in Land, Real Estate and Construction Sector’. She mainly shed light on the responsible business practices in the land, real estate and construction industry which the United Nations (UN) Global Compact and RICS are jointly working on and International Property Measurement Standards (IPMS).
Gillian is responsible for RICS' reputation and profile and leads on recognition and enforcement of RICS' standards in the key economic and financial centers of the world. Her remit includes policy, research and economic commentary; external communications and brand development; and regulatory policy and operations. Gillian has previously held roles at professional bodies and trade associations in regulation, communications, government relations and commercial development.
At the session, she outlined about the landmark move to improve the responsible business practices in the land, real estate and construction industry, which the United Nations (UN) Global Compact and RICS are jointly working on, since the last two years. By identifying the most critical issues facing companies with a stake in land, real estate and construction, the aim is to make ‘responsible business’ the status quo and encourage companies to think holistically about the environmental and social impact of their business activities, and strategic investment decisions.
Explaining the stakeholder relevance map, she also gave a brief on how RICS seeks to influence governments and how key stakeholders around the world will actually make a big difference in the near future.